Royal Bank of Canada Sells 26,886 Shares of Invesco S&P MidCap Low Volatility ETF $XMLV

Royal Bank of Canada lowered its stake in Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 28.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,696 shares of the company’s stock after selling 26,886 shares during the quarter. Royal Bank of Canada’s holdings in Invesco S&P MidCap Low Volatility ETF were worth $4,263,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of XMLV. Liberty One Investment Management LLC raised its holdings in shares of Invesco S&P MidCap Low Volatility ETF by 8.1% during the first quarter. Liberty One Investment Management LLC now owns 33,638 shares of the company’s stock valued at $2,118,000 after purchasing an additional 2,516 shares during the period. Cetera Investment Advisers increased its position in Invesco S&P MidCap Low Volatility ETF by 19.0% in the 1st quarter. Cetera Investment Advisers now owns 105,074 shares of the company’s stock valued at $6,616,000 after buying an additional 16,793 shares in the last quarter. Pacific Sun Financial Corp increased its position in Invesco S&P MidCap Low Volatility ETF by 1.4% in the 1st quarter. Pacific Sun Financial Corp now owns 20,765 shares of the company’s stock valued at $1,308,000 after buying an additional 290 shares in the last quarter. Fifth Third Bancorp raised its stake in Invesco S&P MidCap Low Volatility ETF by 25.4% during the 1st quarter. Fifth Third Bancorp now owns 5,633 shares of the company’s stock worth $355,000 after buying an additional 1,141 shares during the period. Finally, Mosaic Family Wealth Partners LLC acquired a new position in Invesco S&P MidCap Low Volatility ETF during the 1st quarter worth approximately $695,000.

Invesco S&P MidCap Low Volatility ETF Stock Performance

Shares of NYSEARCA:XMLV opened at $68.50 on Friday. The business’s 50 day simple moving average is $67.14 and its two-hundred day simple moving average is $65.74. The firm has a market cap of $747.34 million, a P/E ratio of 18.75 and a beta of 0.68. Invesco S&P MidCap Low Volatility ETF has a 52-week low of $60.96 and a 52-week high of $70.21.

Invesco S&P MidCap Low Volatility ETF Profile

The Invesco S&P MidCap Low Volatility ETF (XMLV) is an exchange-traded fund that is based on the S&P MidCap 400 Low Volatility index. The fund tracks a volatility-weighted index of the 80 least volatile S&P 400 companies. XMLV was launched on Feb 15, 2013 and is managed by Invesco.